[PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization


Listen to “Inventory Forecasting Lessons for Improved Supply Chain Network Optimization” on Spreaker. The post [PODCAST] Inventory Forecasting Lessons for Improved Supply Chain Network Optimization appeared first on Transportation Management Company | Cerasis.

Turn a Good Demand Forecast into the Optimum Inventory Plan


How Do You Turn a Good Demand Forecast into the Optimum Inventory Plan? They care if you have the inventory they want when they want it. But carrying too much inventory can reduce profits and might not be practical for some items such as fresh goods.

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[PODCAST] The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management


Listen to “The Role of Supply Chain Technology for More Effective Inventory & Warehouse Management” on Spreaker. Supply Chain Technology Downloadable Resources Why Blockchain will Create Extreme Supply Chain Management Optimization Download White Paper A Guide to Maximize the Use of TMS Download White Paper The Digital Supply Chain: The Landscape, Trends, Types, and the.read More.

Digital Inventory Management Key Battleground in Transformation of Brick-and-Mortar Retail


As e-commerce growth accelerates, shippers are working overtime to manage available inventory. It catalyzed brick-and-mortar retailers to offer online shopping opportunities, which require much more than manual inventory management practices. Download White Paper.

[PODCAST] Why Digital Tools to Optimize Inventory Management Allows Supply Chain Execs to Stay More Strategic at Every Link in the Supply Chain


On today’s episode, we welcome Margaret Bendis, US Marketing Specialist for a company called EazyStock a cloud-based software-as-a-solution (SaaS) that optimizes inventory management. What is the future of digitization as it relates to inventory management. Download White Paper.

IoT Inspired Smart Warehouses Are Reinventing Inventory Management


The internet allows for unlimited scalability and boosted efficiency in warehouse inventory management. The so-called “smart warehouse” takes advantage of these defining factors by connecting systems to streamline inventory management and overall productivity. Download white paper. Integrate all supply chain systems, increasing savings in transportation management, procurement and everywhere in between.

Retail Inventory Management Tips to Get The Most Out of Your Warehouse


The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. Common obstacles encountered when it comes to effective inventory management include having poor visibility into fast-moving versus slow-moving product, extensive travel times between bin locations, and lost revenue due to poor labor productivity. Download white paper. Count all physical inventory, using technology where possible.

[e-Book] How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage


We release our second e-book today by focusing on strategic logistics and transportation management creates a competitive business advantage for shippers. You can download our first e-Book, "The Future Of Supply Chain, Logistics & Manufacturing: How Technology Is Transforming Industries" here. Transportation management is no longer a tactical approach to simply moving freight and doing it at the lowest possible cost.

How to Use a TMS to Manage Inbound Transportation (And Gain Visibility)

PLS Logistics

Since inbound freight savings have a direct impact on an organization’s bottom line, shippers that make it a supply chain priority reap inventory efficiencies, cost containment and enhanced productivity and service. 35% of shippers claim that lack of visibility is one of the biggest challenges of inbound transportation, while 37% say determining hidden costs, and 25% say data analysis and decision support are the greatest challenges. Download Inbound Freight Cost Management ebook.

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Complex costs of transportation

Supply Chain Movement

To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. A TMS with inventory allocation enables shippers to monitor shipments down to the package level. The location of any package that is part of an order can be traced; status information about time, quality, and relevant financial aspects all need to be recorded and monitored during transportation execution.

ChainLink Research: Agile Retailer - Linking Allocation and Transportation


Further, they are designing dynamic supply chain practices that hold lower inventories while serving those distinct new markets and customers. Specific to allocations, rather than having one big push out to the stores, the agile retailer has a data-driven approach to how, where, and when they stock, with dynamic movement of goods for rotating selections based on promotions or location-specific-demand , and fine tuning inventory stocking locations to support Omni-channel.

5 Tips for Writing a Transportation Management Plan


Every transportation firm sees the utility of having a transportation management plan. It is essential in organizing activities in the transportation industry effectively and efficiently. The challenges that the transportation industry faces are enormous. Thus, it becomes inevitable for transport companies to devise a transportation management plan that factors in all these variables. The Freight & Transportation Management Trends to Know in 2018.

[PODCAST] The Current State of Warehouse Management Systems & Their Role in Creating a More Effective Supply Chain


Logistics & Supply Chain Resources to Download. Download White Paper. Download E-Book. How To Shift From Tactical To Strategic Logistics and Transportation Management To Create A Competitive Advantage. Download E-Book. The post [PODCAST] The Current State of Warehouse Management Systems & Their Role in Creating a More Effective Supply Chain appeared first on Transportation Management Company | Cerasis.

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Reduce Your Inventory Costs With These Strategies


One area in which business managers may like to remove unnecessary costs is inventory. Inventory can entail a raft of costs — known and sometimes unknown or hidden — which can really lock up a business’ cashflow. In this article, we outline strategies for cutting inventory costs, to free up your finances for other, more useful purposes. What are inventory costs? On the one hand, the bottom line is that these types of inventory costs can’t be cut out altogether.

Why Are LTL Transportation Networks Evolving in Light of New Technology?


Rising costs of LTL transportation networks is nothing new. Dimensional pricing is becoming the standard, and shippers need to understand how LTL transportation network must evolve to keep up with demand. What’s Driving Demand on LTL Transportation Networks? Many forces are affecting LTL transportation networks, ranging from e-commerce to the trucker shortage. Download White Paper. The post Why Are LTL Transportation Networks Evolving in Light of New Technology?

Shippers: One Action Could Save You Millions on Inbound Transportation Management Costs

BluJay Solutions

But even in doing so, one area that is overrun with inefficiency is often overlooked – inbound transportation management. The inbound transportation management function is formed when companies take control of inbound freight from suppliers – consolidating loads, planning continuous moves and negotiating with carriers directly instead of paying for whatever shipping services the supplier chooses. Lower inventory levels.

How Safety Stock Absorbs Demand Volatility


But companies can overcome this obstacle by positioning the right inventory across the supply chain to absorb such volatility. Surprisingly, there is an immediately available, relatively straight-forward alternative – fixing your inventory (safety stocks) to cope with the forecast uncertainty. That’s because inventory planning and demand forecasting are two sides of the same coin. Getting the Right Inventory Mix. Not all inventory is created equal.

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Time to turn around inventory falls by two days says new report


The median time for retailers to move returns back to inventory ready for resale has fallen from 2017 to 2018, from a median of seven days down to five days. of retail respondents report that their average time to restock returns is three days or less, marking out a clear focus on agility of inventory that can accommodate a more e-commerce-centric environment and a higher returns volume. . To find out more about the state of retail in 2019, download the free report now.

Industry Commentary: American Shipper Global Transportation Benchmark Study

Supply Chain Nation

American Shipper recently released its annual benchmark report entitled “ Global Transportation Management Benchmark Study: Climbing the Visibility Sophistication Ladder.” When looking at other aspects of transportation process such as consolidation and routing opportunities, the measurement is quite simple. In this context, value is driven through increased sales, reduced inventory and improved margin attainment.

3D Printing Set to Streamline the Retail Supply Chain Through Reduced Lead Times and Inventory

BluJay Solutions

The attractiveness of 3D printing for manufacturers and retailers/distributors centers around reducing both lead times and the risks involved in holding inventory. In reality, retailers routinely pass the inventory risk to their suppliers, particularly since the phenomenal growth of multi-channel retailing, with direct dispatch (or drop ship) suppliers bulking up retailers’ online offerings without requiring a financial commitment or warehousing space.

Why Blockchain Within The Supply Chain Makes Perfect Sense


Download white paper. This newfound visibility allows participants in a supply chain to proactively optimize components of their processes (like inventory management, staffing decisions, and a thousand more) to support an efficient and agile product path. Outcomes: improved inventory management; More accurate determination of re-order points; Better on-shelf availability. Blockchain Omnichannel Supply Chain Transportation Management

The Invaluable Role of a TMS in Managing Full Truckload Shipments


The Freight & Transportation Management Trends to Know in 2018. Download White Paper. Essentially, frequent putting is indicative of shippers constantly shopping around for the lowest cost deal, and since the carrier is less likely to secure the actual transaction and transport such items, carriers will charge more. Freight Full Truckload Transportation ManagementShippers face more challenges than ever before when it comes to managing freight spend and allocation.

Start Managing Your Inbound Freight More Effectively Today

Talking Logistics

In fact, it’s often the “final frontier” for companies that are trying to cut additional costs out of their transportation spend. It also stokes better supplier-carrier-customer relationships, reduces the need for excess inventory, improves reliability across the supply chain, and creates an atmosphere of accountability for all supply chain partners. Utilize a transportation management system (TMS) to maximize inbound freight management.

Freight Data Trends for 2019 and How a TMS Will Grow in Value


The application of data can help shippers gain control of shipping costs and make informed decisions, and the top freight data trends for 2019 exemplify how the use of a transportation management system (TMS) can further this cause. Omnichannel sales result in an extensive level of communication and analysis of inventory across dozens, if not hundreds, of physical locations, warehouses, and distribution centers. Download WhitePaper.

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[PODCAST] The State of the Food & Grocery Supply Chain & The Impact of the “The Whole Foods” Effect


Download White Paper. Download White Paper. The Nightmare on Inventory Street: How Out-of-Stocks Hurt Your Business and How to Overcome the Issue. Download White Paper. Download White Paper. The post [PODCAST] The State of the Food & Grocery Supply Chain & The Impact of the “The Whole Foods” Effect appeared first on Transportation Management Company | Cerasis.

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For 3PLs, New Market Trends = New Opportunities

The Network Effect

There is a sharper focus for 3PLs and shippers to be able to deliver via omnichannel, inventory flexibility and agility, faster delivery time, and customer-centric services. Find out more about changes in the 3PL industry by downloading Tompkins Supply Chain Consortium’s latest report, “ Reinventing the 3PL Model: Trends, Challenges, and Opportunities.”. Logistics transportation Big opportunities lie ahead for today’s third-party logistics providers (3PLs).

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4 Ways to Improve Inventory Management and Delivery (Webinar)


As an online retailer, there are other ways to attract and retain customers—much of which comes down to inventory management across your fulfillment network to improve your delivery promise. Below are four steps you can take to improve inventory management and delivery.

Integrated Planning: Is It Rubbish? Be Careful What You Ask For….

Supply Chain Shaman

I find most companies are good at pockets of planning–demand planning, supply planning, transportation planning, material planning or plant scheduling, but the flows are not connected. Each are good at localized planning within a focused area of demand, supply, network design, transportation planning, material sourcing or finite scheduling. Few implementations of planning connect to procurement and transportation.

A Year Without Oktoberfest, Yet New Opportunities Exist in the Beer Industry

DELMIA Quintiq

As manufacturers continue to innovate with new brands and flavors, the existing brand portfolio must be managed to control excess finished goods stock, raw material and container inventory.

Effective Warehouse Management in an Omnichannel World


Knowing the available inventory and assets only in distribution centers is inefficient and lacks value, but when applied across an entire supply chain network, inventory visibility propagates effective warehouse management. Although the main issue lies in the lack of visibility into assets and inventory in warehouses, distribution centers, and stores, an important part of the problem can also be found in transportation management. Download white paper.

5 Ways an Omnichannel Supply Chain Strategy Can Improve Customer Experience


Download White Paper. The best way for Warehouse Managers to approach inventory management lies in knowing when customers will order product, what they will order, and how quickly they want it. Maintain the “right” amount of inventory.

Journey of Retail Industry during COVID-19 Outbreak


POQ, a SaaS provider, reports that retail app downloads seem to have reached the same level of record numbers it does during Black Friday sales. The Indian retail sector’s predominant problem lies with supply chain issues like logistics and transportation.

This Week in Logistics News (October 23-27, 2017)

Talking Logistics

Kuebix Announces the First Free Multimodal Transportation Management System (TMS). stores to replenish inventory faster and save employees time when products run out.” On the software front, Kuebix announced a free transportation management system (TMS) “for unlimited rating, booking, tracking and management of shipments across LTL, truckload and parcel carriers.” My daughter and I are heading on a road trip this afternoon to visit a couple of universities.

How To Start Your Brewery On The Path To Success


How many stock-outs, an event that caused inventory to be exhausted? How many due to transport issues? Stock & Inventory Control. Assign a serial number to ensure you know where they’ve gone and when they come back into your inventory. Connect your sales people with your live inventory system wherever they are. All the information about their products, inventory and stock were in their brewer, Luke Nicholas’ head. Download the pdf here.

You are Here!


Inventory – Excess material and WIP. Transportation – Unnecessary movement of material through the facility/supply chain. For more details on several of these metrics as well as additional metrics you may find useful on your Lean journey, refer to our online and downloadable Metrics for Action Guide. To learn more, download The Changing Role of ERP in Manufacturing. . The Lean Journey Often Starts with Inventory. . . Where to Start Your Lean Journey.